LEAGUE Financial Partners

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NEW REIT UNIT REVALUATION ANNOUNCEMENT

Tuesday, June 1, 2010

Greetings, Member-Partners of the IGW REIT,

I am pleased to report that the interim quarterly property review of the IGW REIT confirms that, as of June 1, 2010, values for the common Class A and AA IGW REIT units have marginally increased from $1.002 per unit to $1.004 per unit, a rise of 0.19%. Distributions remain unchanged at 7.25 cents per unit per annum. This is the third consecutive quarter that has seen an increase in REIT unit values.

Analysis and Discussion
Although its performance is not connected with the markets, the IGW REIT, with its history of stable distributions, continues to provide an attractive alternative investment for Member-Partners in uncertain times.

As we all know, the current economic picture is a decidedly mixed bag. While according to Statistics Canada, the Canadian and American economies recorded impressive job gains (108,700 and 290,000 jobs respectively) in the first quarter of 2010, this was countered by mounting concern over the size of the national debts of Greece and other European countries. It was also shaken by last month's Black Thursday, which although mainly caused by a computer trading error, which, according to the Bank of Montreal, illustrated the volatility of the markets, with the Dow Jones dropping more than 600 points in five minutes. Meanwhile, despite this uncertainty, according to Statistics Canada, Canada's composite leading economic indicator grew by 0.9% in April, continuing 11 months of straight increases averaging 1.0%. The leading economic indicator for the United States kept pace with Canada's in April, also rising 0.9%. In the meantime, as stated in my recent State of the Units report, we will continue to work assiduously to increase the values of the properties within the IGW REIT. I am grateful to the unceasing efforts of our leasing and development teams in this regard.

Our Credo is Our Commitment
While not the best news, this is also, by far not the worst news. Real estate is long-term investment and we at LEAGUE stand together with our Member-Partners in holding that view. We provide this information to you in the spirit of the 16th tenet of Our Credo, where we affirm: "We believe that as leaders in the investment community, that we must operate our business affairs with transparency, and in the light of accurate knowledge."

We are grateful to each and every one of our 1,958 Member-Partners – now closing on that magic number of 2,000 – who have chosen to invest in LEAGUE and our shared ultimate goal of providing Intergenerational WealthTM not only for ourselves but for our families, as well. To all of our like-minded friends, we say thank you.

Warmest regards,

Emanuel F. Arruda
Emanuel F. Arruda
Founding Partner
LEAGUE Financial Partners
Learn, Earn, Live, Give.™


This document is for information purposes only and is not an offer to sell or a solicitation of an offer to purchase securities. Any offering will be made by way of offering memorandum or, in Ontario and Quebec, will be made only to accredited investors or those investing more than $150,000.

There are risks associated with this investment, which risks are discussed in the offering memorandum and subscription agreement. You are encouraged to read the offering memorandum (available upon request) and the subscription agreement before making your investment decision.
                                                                                                   
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About LEAGUE

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Independent Analyst's Report for the IGW REIT Summary

LEAGUE: Delivering Intergenerational Wealth™

LEAGUE Investment Services Inc. commenced operations in September 2010 when it became an Exempt Market Dealer, registered in all Canadian jurisdictions across Canada. LEAGUE's mandate is to provide its 3,200 investor Member-Partners access to institutional style investments.

Founded in 2005, LEAGUE Financial Partners, has rapidly evolved into one of Canada's fastest growing real estate asset managers with over $1 billion in assets under management. This includes the IGW REIT, a $300 million Real Estate Investment Trust, comprised of a portfolio of Canadian commercial, industrial and residential properties and the $410-million Partners REIT (TSX: PAR.UN), an open-end real estate investment trust focused on acquiring and managing a portfolio of retail and mixed-use retail community and neighbourhood centres. LEAGUE Financial Partners. is also involved in a number of individual Limited Partnerships ranging from office buildings to Big Box retail power centres.

LEAGUE Financial Partners. finds, acquires, improves and operates investment properties on behalf of LEAGUE Investment Services Inc.’s more than 3,200 Member-Partner investors. This continuing growth and the exceptional performance of LEAGUE's investments are directly attributable to the values LEAGUE espouses in its corporate credo. For we at LEAGUE hold in highest regard the qualities of honour, friendship, and co-operation with our Member-Partners in the pursuit of our common goals. LEAGUE also donates five per cent of its profits to philanthropic causes.
Everything you need to know about LEAGUE is right here: www.league.ca/about